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CRD - Central Rand Gold Limited - Mining right re-instatement

Release Date: 22/12/2011 13:03:00      Code(s): CRD
CRD - Central Rand Gold Limited - Mining right re-instatement                   
Central Rand Gold Limited                                                       
(Incorporated as a company with limited liability under the laws of             
Company Number 45108)                                                           
(Incorporated as an external company with limited liability under the laws      
of South Africa,                                                                
Registration number 2007/0192231/10)                                            
ISIN: GG00B24HM601                                                              
LSE share code: CRND JSE share code: CRD                                        
("Central Rand Gold" or the "Company")                                          
MINING RIGHT RE-INSTATEMENT                                                     
Further to the announcement of 12 December 2011, the Company confirms that      
today, 22 December 2011, a consent order ("the Order") setting aside the        
Minister of Mineral Resources of the Republic of South Africa administrative    
decision ("the Decision"), made on 22 September 2011, to cancel the mining      
right held by Ferreira Estate and Investment Company Limited ("FEIC") under     
departmental reference number GP30/5/1/1/2/140MR, was obtained in High Court    
of South Africa.                                                                
The granting of the Order concludes FEIC`s legal challenge to the Decision.     
For further information, please contact:                                        
Central Rand Gold                                 +27 (0) 11 674 2304           
Johan du Toit / Patrick Malaza                                                  
Evolution Securities Limited                      +44 (0) 20 7071 4300          
Chris Sim / Neil Elliot                                                         
Merchantec Capital                                +27 (0) 11 325 6363           
Roger Pitt / Monique Martinez                                                   
Buchanan                                          +44 (0) 20 7466 5000          
Bobby Morse / James Strong                                                      
Jenni Newman Public Relations (Proprietary)                                     
Limited                                           +27 (0) 11 506 7351           
Jenni Newman                                                                    
22 December 2011                                                                
JSE Sponsor                                                                     
Merchantec Capital                                                              
Date: 22/12/2011 13:03:00 Supplied by www.sharenet.co.za                     
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